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Mwde11 Limited

11743576

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

3 CASTLEGATE, GRANTHAM, NG31 6SF
Incorporated 28/12/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

35110
Production of electricity

Officers

Mr Andrew James Watkin

director · Since 28/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Persons with Significant Control

Mwat Limited

75–100% shares
75–100% votes
Appoint directors

3 Castlegate, Grantham, NG31 6SF

Reg: 09960232 · Companies House · Company Limited By Shares

Notified 28/12/2018

Charges1 outstanding

Charge
outstanding

CLOSE LEASING LIMITED

Created 23/04/2021Registered 27/04/2021

CompanyRankvs 918+ SIC 35110 peers
60

Financial strength84th percentile among SIC peers · 21/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£331k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£180k

Working capital

Current Assets

£408k

Current Liabilities

£228k

Fixed Assets

£2.7M

Debtors

£312k

1avg. employees

Balance Sheet

Assets less current liabilities£2.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.79-£84k
20232.75+£526k
20211.29

Derived from filed accounts. Not audited figures.